Category: Fintech

Fintech startup, Balance, raises $25 mn for its B2B payment platform

Tel Aviv-based digital payments startup, Balance, raises Series A investment round worth $25 million.  “We want to make the online payments experience for businesses as seamless as it is for consumer payments, and we want to do it globally,” Co-founder at Balance, Bar Geron said, as reported by TechCrunch.  The startup was founded by Geron […]

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Financial services startup, Pencilton, raises $330,000 for its banking services for teens

Hyderabad-based banking and fintech startup, Pencilton, raises new investment round worth $330,000.  The startup’s services, including a debit card and mobile app, are aimed at teenagers in order to encourage financial management and literacy. Pencilton also offers specific features aimed at parents, including controlling and adjusting spending limits and transferring money directly to their accounts.  […]

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Progcap raises $25 mn Series B for its lending services

New Delhi based financial services startup, Progcap, raises new investment round worth $25 million.  The company provides lending options for Indian retail businesses through its fintech platform. Investors in the round include Tiger Global and Sequoia Capital India.  “Progcap has built a unique product to cater to the working capital needs of small Indian retailers […]

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FinanZero raises $7 mn investment round for its lending platform

São Paulo-based fintech startup, FinanZero, raises a new investment round worth $7 million for its digital lending-focused platform.   The startup provides a platform where users can apply for various loans without a credit score, from a list of financial services companies. FinanZero’s platform processes the applications and provides quick answers online.  Investors in the round […]

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Fintech startup, Cred, in talks to raise $200 mn and reach unicorn status

Bengaluru-based financial services startup, Cred, may be set to raise a new investment round worth $200 million. Cred provides a digital fintech platform allowing customers to use their service to pay credit card bills, among others, and receive rewards points in return. The startup also provides an online store known as Cred Store, where users […]

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